Question

When a single insurance company offers both life and non- life insurance policies then what does it known as?

A Unit insurer Correct Answer Incorrect Answer
B Aggregate insurer Correct Answer Incorrect Answer
C Service insurer Correct Answer Incorrect Answer
D Composite insurer Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

An insurance company which provides both life and non-life insurance plans then that company is referred as composite insurer.

Practice Next
×
×